Foreclosure is the cutting off or termination of a right to property to compel payment of a mortgage or other debt secured by a lien. As to real property, like a house or land, foreclosure is started because of non-payment of the debt and leads to the selling of the property to which the mortgage or lien is attached in order to satisfy that debt. Lawyers who assist with foreclosure issues help struggling homeowners consider their options -- both foreclosure and foreclosure alternatives -- and determine the best course of action. Foreclosure alternatives may include loan modification, short sale, forbearance, reinstatement, and repayment plans.
Erath is a town in Vermilion Parish, Louisiana, United States. The population was 2,187 at the 2000 census. It is part of the Abbeville Micropolitan Statistical Area. Erath is home of the Acadian Museum. Allen Bares, who served in both houses of the Louisiana State Legislature from 1972 to 1992, was born in Vermilion Parish and graduated from Erath High School in 1954.